# PPP loan: EVOTEK, INC.
> **$1.84M** approved 05/01/2020 · Paid in Full · Loan `2885207709`
## Borrower
- **Name:** EVOTEK, INC.
- **Address:** 6150 LUSK BLVD STE B204, SAN DIEGO, CA, 92121
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.84M
- **Initial approval:** $1.84M
- **Forgiven:** $1.86M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.78M
- **Rent:** $55K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*